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Bankr temporarily disables transactions after 14 wallets hacked

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 57 Views

Bankr temporarily disables transactions after 14 wallets hacked

Bankr recommends that affected users create a new wallet, generate a new seed phrase on a clean device and revoke approvals if remaining assets can’t be moved.

AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting that as much as $150,000 in crypto was drained from some. 

In an X post on Tuesday, Bankr said it was investigating reports that several wallets had been compromised and that transaction activity, including swaps, transfers and deployments, had been disabled “out of caution” while the investigation continues.

“We've identified an attacker was able to access 14 Bankr wallets. We've temporarily locked things down while we work through the details. We will be reimbursing any and all lost funds. Will provide more updates as we have them,” it added.

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